NasdaqGS:VCTR
NasdaqGS:VCTRCapital Markets

Victory Capital Holdings (NasdaqGS:VCTR) Sees 10% Drop As Deloitte Replaces Ernst & Young As Auditor

Victory Capital Holdings (NasdaqGS:VCTR) experienced a 10% decline in their stock price over the past week—a notable move amidst significant shifts. The company announced a major transition in its auditing practice as Deloitte & Touche LLP replaced Ernst & Young LLP as the new auditor effective after the completion of statutory audits for 2024. While this change was proactive, the news arrives amid wider market turbulence attributed to heightened U.S. tariffs on Canadian steel and aluminum,...